Results for "payment processing"
9 results found
Stripe's Chargeback Policy Draws Scrutiny from Merchants
Stripe is facing criticism for its approach to chargeback disputes, with merchants claiming it favors buyers in cases of 'friendly fraud,' sparking debate over fraud liability.
Fresha Reaches $1 Billion Valuation With KKR Investment
Beauty booking platform Fresha secured $80M from KKR, pushing its valuation to $1 billion. The funding underscores growth in service marketplace tech.
Mercury Hits $5.2B Valuation as Fintech Startup Pursues Own Banking License
Mercury raised $200M at a $5.2B valuation and secured regulatory approval to establish its own bank. The digital banking startup serves over 300,000 companies and reported $650M in annualized revenue.
General Catalyst bets $63M on India's travel payments startup Scapia
General Catalyst leads $63 million funding round in Scapia, an Indian travel booking and payments startup. The investment doubles the company's valuation.
Apple to Pay iPhone Owners $250 Million Over Missing AI Features
Apple will pay $250 million to settle a class-action lawsuit over delayed AI features. Eligible iPhone owners can claim part of the settlement. The payout addresses claims Apple misled users about Siri and other AI capabilities.
EU Court Case Tests Apple’s Grip on Interoperability
FSFE files a second intervention against Apple at the European Court of Justice, arguing the company must open its ecosystem under the Digital Markets Act.
Overprivileged AI Agents Expose Banking Systems to New Attacks
Financial firms face mounting security risks as AI agents access excessive data and systems. Overprivileged permissions create compliance vulnerabilities and trust issues across banking.
Inside the SolarWinds Breach: Hackers Had Full Access to Treasury Systems
New details reveal Russian-linked hackers infiltrated Treasury email systems far deeper than previously known. The supply chain attack compromised thousands of government and private networks, exposing critical security gaps.
AI-Powered Web App Builders Create Security Risks for Development Teams
AI-powered web app builders speed up development but introduce serious security risks. Many teams skip proper review, leaving vulnerable code in production.